Madison Borough puts 27 Belleau Ave. up for public auction on Oct. 3

Property (shown here) owned by the Borough of Madison at 27 Belleau Ave. (Block 404, Lot 50), will be up for public auction on Thursday, Oct. 3, at 10 a.m. For more information, visit rosenet.org/gov/administration/pages/27-belleau-avenue.

Property owned by the Borough of Madison at 27 Belleau Ave. (Block 404, Lot 50) will be up for public auction on Thursday, Oct. 3, at 10 a.m. The auction will be held at the Court Room at Borough Hall located at 50 Kings Road.

The Borough of Madison has determined the Belleau Ave. property unneeded for public use and will sell the land to the highest bidder. Parties interested in the property must submit sealed bids and a certified check of at least 10% of the bid to the Borough of Madison by Oct. 3.

The property is located on 15,000 square feet wooded lot on a cul-de-sac off of Chateau Thierry Ave. The minimum bid for the property is $250,000. At closing, the borough will execute a contract of sale with the winning bidder. A resolution authorizing the public auction was approved by the Madison Borough Council on Aug. 12.